News tagged "budapest"
Defiant Orban leaves Hungary central bank law intacton Jan 06, 2012 via YahooNews (BUDAPEST ) - Hungarian Prime Minister Viktor Orban said Friday Hungary would not change its contested central bank law, despite European and IMF pressure and the forint hitting record lows this week.See details
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Hungary pushes for aid, EU stands by delay amid reform showdownon Jan 06, 2012 via YahooNews Budapest/Brussels (dpa) - Cash-strapped Hungary vowed Thursday to continue pushing for outside financial help, even as European officials ruled out any talks on fresh aid until the independence of Hungary?s central bank is ensured."Financial stability is not just about asking money from the European Union or the International Monetary Fund (IMF)," European Commission spokesman Olivier Bailly ...See details
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Stricken Hungary wants quick IMF dealon Jan 05, 2012 via YahooNews BUDAPEST : The Hungarian minister handling stalled bailout talks with the IMF said Thursday he wanted a deal "as soon as possible", as Hungary 's currency touched a new record low and borrowing costs soared.See details
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Stricken Hungary wants quick IMF dealon Jan 05, 2012 via YahooNews (BUDAPEST ) - The Hungarian minister tasked with handling bailout talks with the IMF said Thursday he wanted a deal "as soon as possible", as Hungary's currency touched a new record low.See details
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Hungary vows fast IMF/EU deal, markets want proofon Jan 05, 2012 via YahooNews BUDAPEST (Reuters) - Hungary pledged on Thursday to seek a quick deal with international lenders to shore up financial markets which are plunging in a deepening crisis due to the government's widely criticised policy course. Budapest faces tough negotiations over a new funding deal with the International Monetary Fund and EU, who have made it clear Prime Minister Viktor Orban needs to change his ...See details
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Germany chides Hungary over fundamental rightson Jan 05, 2012 via YahooNews Berlin (dpa) - Germany chided Hungary on Wednesday over changes to its constitution by a right-of-centre government, saying it expected Budapest to respect fundamental European rights and values.Deputy government spokesman Georg Streiter said any use of the governing parties? two-thirds majority required "great moderation and great sensitivity."On Sunday, the Hungarian parliament gave a green ...See details
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Hungary offers concessions in IMF talkson Jan 04, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's government said on Wednesday it might moderate some widely criticised policies to please international lenders and reach a deal to prevent its currency and bonds from going into meltdown. Since sweeping to power in 2010, Viktor Orban's conservative Fidesz party has tightened its grip on the media and the top constitutional court, taken over private pension funds ...See details
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Hungary offers concessions in IMF talkson Jan 04, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's government said on Wednesday it might moderate some widely criticised policies to please international lenders and reach a deal to prevent its currency and bonds from going into meltdown. Since sweeping to power in 2010, Viktor Orban's conservative Fidesz party has tightened its grip on the media and the top constitutional court, taken over private pension funds ...See details
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Hungarian forint at record low against euro amid aid uncertaintyon Jan 04, 2012 via YahooNews Budapest/Brussels (dpa) - Hungary?s currency fell to a record low against the euro on Wednesday amid European concerns about the economic policies of Prime Minister Viktor Orban?s government, which could threaten a financial aid package his country has requested.A euro could get as many as 319.81 forints on financial markets on Wednesday morning. Analysts blamed the currency?s tumble on the ...See details
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Hungary under pressure to change courseon Jan 03, 2012 via YahooNews BUDAPEST (Reuters) - Pressure grew on Hungary to change its policies to satisfy international lenders on Tuesday after bond yields jumped above 10 percent and the European Commission told the government to safeguard the central bank's independence. Investors fear the government's refusal to meet EU and IMF demands could derail a hoped-for financing deal, leading to a full-blown market crisis ...See details
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No decision yet on Hungary aid talks, EU says amid reform concernson Jan 03, 2012 via YahooNews Brussels (dpa) - The European Union has yet to decide whether it will launch official talks this month with Hungary over its request for financial aid, a spokesman said Tuesday, noting the bloc?s probe into the legality of recently adopted Hungarian reforms."So far, because of the lack of certainty of the legal environment, ... (we) have not decided yet to come back to Budapest for the start of ...See details
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Huge crowds protest Hungary's new constitutionon Jan 03, 2012 via YahooNews Tens of thousands of people protested against Hungary's new constitution in Budapest Monday night, demanding that Prime Minister Viktor Orban resign.See details
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VIDEO: Hungary protests over constitutionon Jan 03, 2012 via YahooNews Tens of thousands of people have been protesting in Budapest over Hungary's controversial new constitution, a day after it came into force.See details
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Budapest, Hungary Mayor Unhappy About Gay EuroGames This Summeron Jan 02, 2012 via YahooNews As Budapest gears up to host the annual LGBT sportsfest known as the EuroGames next summer, one thing's fairly clear: The Hungarian capital's mayor, Istvan Tarlos, won't be watching.See details
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Hungary debt hits 16-yr high: central bankon Jan 02, 2012 via YahooNews Hungarian banknotes, the Hungarian Forints are seen in Budapest. Struggling Hungary, looking for EU and IMF help, has seen its total public debt hit is highest level since 1995 due to the sharp fall of ...See details
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Hungary tells EU no central bank merger until 2013on Dec 31, 2011 via YahooNews BUDAPEST (AFP) - Hungary's Prime Minister Viktor Orban has assured Brussels no merger of the central bank and regulatory authority will take place before 2013, as part of much criticised reform plans adopted Friday.See details
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Hungary adopts controversial central bank reformon Dec 30, 2011 via YahooNews Hungary's Prime Minister Viktor Orban (R) of the Fidesz party with deputy PM Zsolt Semlyen of KDNP looks on in the upper chamber of parliament as representatives prepare to vote in Budapest on December ...See details
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Hungary adopts controversial central bank reformon Dec 30, 2011 via YahooNews BUDAPEST (AFP) - Hungary's parliament adopted on Friday a reform of the central bank that critics say increases the government's influence over monetary policy.See details
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Hungary defiantly adopts controversial lawson Dec 30, 2011 via YahooNews Hungary's Prime Minister Viktor Orban (R) of the Fidesz party with deputy PM Zsolt Semlyen of KDNP looks on in the upper chamber of parliament as representatives prepare to vote in Budapest on December ...See details
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Nobody can interfere with Hungary legislative process: PMon Dec 30, 2011 via YahooNews BUDAPEST: Nobody can interfere with Hungary's legislative process, Hungarian Prime Minister Viktor Orban declared Friday as lawmakers were set to adopt a series of internationally-criticised laws.See details
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Sources : YahooNews
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